President Obama said his economic policies are "so mainstream" he'd be considered a moderate Republican in the 1980s.

In a Thursday interview with a Miami-based local television station, Obama said he thinks few people believe he wants to impose socialism on the country.

"The truth of the matter is that my policies are so mainstream that if I had set the same policies that I had back in the 1980s, I would be considered a moderate Republican," he told Noticias Univision 23 in a White House interview.

"I mean, what I believe in is a tax system that is fair," he continued. "I don't think government can solve every problem. I think that we should make sure that we're helping young people go to school. We should make sure that our government is building good roads and bridges and hospitals and airports so that we have a good infrastructure.